Bed Bath & Beyond Inc. (BBBY) is currently at $12.28, up $2.34 or 23.54%

 

-- Would be highest close since June 13, 2019, when it closed at $12.29

-- On pace for largest percent increase since April 8, 2009, when it rose 24.26%

-- Earlier Thursday, Telsey Advisory Group raised its price target on Bed Bath & Beyond to $16.00/share from $14.00 per share, Benzinga reported

-- On Wednesday, Bed Bath & Beyond announced Mark Tritton will take over as president and CEO on Nov. 4, 2019. The company's last CEO resigned earlier this year as Bed Bath & Beyond was pressured by activist investors to make changes at the company.

-- Snaps a two day losing streak

-- Up 15.41% month-to-date

-- Up 8.48% year-to-date; on pace for best year since 2013, when it rose 43.62%

-- Up 65.95% from its 52 week closing low of $7.40 on Aug. 15, 2019

-- Traded as high as $12.74; highest intraday level since June 10, 2019, when it hit $12.77

-- Up 28.17% at today's intraday high; largest intraday percent increase since March 26, 2019, when it rose as much as 30.43%

 

All data as of 10:30:47 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 10, 2019 10:53 ET (14:53 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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